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AXS experienced a miraculous surge today, skyrocketing by 54.1% intraday, becoming the undisputed leader in the blockchain gaming sector!!!
The core driving force behind this explosion is the official launch of the bAXS mechanism: game rewards are fully switched to bAXS. By restricting on-chain withdrawals, enforcing staking, and consumption logic, it directly locks in market circulation pressure. This hardcore supply-side regulation instantly boosted the confidence of holders.
The response speed of on-chain funds is astonishing, with 24-hour trading volume surpassing 800 million, and total holdings skyrocketing by nearly 150%. Currently, market bullish sentiment is extremely euphoric, with funding rates even falling into negative territory. Short sellers are paying a hefty "tuition," and the huge risk of short squeeze continues to attract inflows of follow-up capital. Community analysts believe that this mechanism, through a credibility system, tightly binds token value to user activity, marking a significant evolution in token economics.
Insiders and industry observers have spoken out, pointing out that bAXS is an innovative attempt to link token issuance with user activity, aiming to discourage purely arbitrage-driven extraction and reward long-term holders who are truly rooted in the network. This mechanism release is seen as a new starting point for the entire ecosystem's evolution, designed to optimize long-term supply and demand structure, enhance the overall utility of the token, and lay the groundwork for the major transformation coming in 2026.
This time, it’s the official directly controlling the market. In the past, people would earn rewards from playing games and then sell them. Now, they are forced to hold and stake or spend within the game, and withdrawing requires paying a significant fee. As fewer people sell, the price naturally rises.
With this combination of measures, not only are those who want to free-ride driven away, but the remaining veteran players are more hopeful. No wonder everyone in the market is now bullish! #Gate广场创作者新春激励 $AXS